Litecoin is officially dead

[sansskyhigh]

We have seen polkadot raising 114 million in a matter of 6days. Comsa raising 94 million and they have the same idea of connecting blockchains and their idea has not even materialized yet. But LTC just did an atomic swap a few days ago with BTC. I guess LTC is here to stay. I guess 100 is just round the corner

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[daunjuan]

We have seen polkadot raising 114 million in a matter of 6days. Comsa raising 94 million and they have the same idea of connecting blockchains and their idea has not even materialized yet. But LTC just did an atomic swap a few days ago with BTC. I guess LTC is here to stay. I guess 100 is just round the corner

Don't forget that polka managed to lose a lot as well

[cellat87]

...

how can it be successful when the confirmation times for bitcoin haven't changed? and the fees are still quite high....

This isn´t really true. The mempool only has a few thousand transactions most of the time these days
- since the spam attacks on the Bitcoin blockchain stopped.

Therefore even very low fee transactions with a few cents are getting processed in 1-5 blocks.

The reason why the average transaction fee is still so high is, because some users just don´t have
a clue that they could get away with a much lower fee and the fact that many wallets use terrible
standard settings for fees (and the average user is lazy and doesn´t bother to customize the settings).

[neurotypical]

...

how can it be successful when the confirmation times for bitcoin haven't changed? and the fees are still quite high....

This isn´t really true. The mempool only has a few thousand transactions most of the time these days
- since the spam attacks on the Bitcoin blockchain stopped.

Therefore even very low fee transactions with a few cents are getting processed in 1-5 blocks.

The reason why the average transaction fee is still so high is, because some users just don´t have
a clue that they could get away with a much lower fee and the fact that many wallets use terrible
standard settings for fees (and the average user is lazy and doesn´t bother to customize the settings).

We still get spammed from time to time, but until all the big wallets, exchangers and so on provide segwit address for newbies to use, we will not see a big decrease in the mempol. Right now you can get a transaction for $0.2 with a segwit transaction, but until it isn't as easy as "click" to send it, the mempool can't go down. U hear that more and more exchangers are adding segwit support, so it will soon get better.

[kz06]

i like LTC and LTC is not dead. it is riseing in price.

[aryani]

The main problem with LTC is that it does not have active development and nothing that it can do cannot be done by BTC

[bustomi]

What??? That's very shocking news! Lucky me not put my investment on it, but we still doesn't know that speculation till official news coming about litecoin

[KenshinOfficial]

Seems like Litecoin value is dumped due to Bitcoin price hike. It was totally normal in crypto-currency market.

[Lindazz]

Litecoin is still being updated, so I can not say that he is a dead currency, his community is quite perfect, only low-potential currency, rather than dead currency, which is my personal opinion.

[Kayeshlyn]

What??? That's very shocking news! Lucky me not put my investment on it, but we still doesn't know that speculation till official news coming about litecoin

Not at all. Litecoin still kicking, and if it was totally dumped. It should be abandon already, and this thread is made wayback 2014. So no worries.

[oup59]

What??? That's very shocking news! Lucky me not put my investment on it, but we still doesn't know that speculation till official news coming about litecoin

I hope all your info about LTC is not this post.

[asuusa]

This thread appear periodically. So I think the litecoin is not dead. If there is some trouble with bitcoin, litecoin can replace it.

[abhishekkapoor]

i like LTC and LTC is not dead. it is riseing in price.

It isn't for the present, noone can tell it happens or not happens in the future.

[jputra635]

Litecoin is supposed to be the silver while Bitcoin is the gold, I doubt it will die so soon

[defc0de]

Trying to be silver in BTC's gold status, without any new improvements LTC would surely be dead in the future. Transaction speeds are very fast in a lot of new cryptos so I don't see how LTC can compete with that if they don't have anything else to offer.

[dalat]

Its dead meaning there is no upward movement

[Anniee123]

Although I do not have Litecoin, Litecoin is already a product for many years and has enough community staff. Currently, developers are also submitting code updates periodically, so how can I say that it's dead?

[crypto-curious]

I woudn't say they're dead...depends on future development to determine if they will grow or eventually phase out...right now they're still pretty popular.

[Fesatmas]

Litecoin is still good altcoin many people are trade this coin. I do not think this coin is dead is just because some altcoins and new tokens start appear. But if litecoin is dead, why he was in the top 10 on marketcap?

[liangweicha]

t is too early to say Litecoin's death, after all, some people are updating the Litecoin code, the community is OK, so we can not think Litecoin has died,